Today’s Bitcoin Analysis with tradeCompass — TradingView Insights

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Today’s Bitcoin Analysis with tradeCompass — TradingView Insights

Bitcoin Futures Overview – Today’s TradeCompass Insights

Current Price: $82,000 Last Updated: April 10, 2025

Bitcoin Futures have retraced approximately $2,000 from the peak reached yesterday, with today’s low around $81,705. This aligns with yesterday’s Point of Control (POC) and the Value Area Low from April 3rd at $81,680, marking $81,700 as crucial short-term support.

If the price cannot maintain this level and drops below $81,550, it will trigger a bearish trajectory. Conversely, bulls will need a decisive breakout above $83,750 to unleash new bullish possibilities.

Utilizing the TradeCompass

  • Monitor key levels for sustained momentum (e.g., 15–30 minutes or more, based on your trading timeframe).

  • Within the range of $81,700 and $83,000, anticipate potential range-bound action—ideal for scalpers and tactical day traders.

  • Exceeding these boundaries is likely to lead to a directional move, fully activating the TradeCompass.

Bearish Trigger: Below $81,550

  • $81,000 – Just above the April 8th Value Area High

  • $80,210 – Just above the April 8th POC

  • $79,650 – Just above the April 7th Value Area High

  • $78,990 – Close to April 9th VWAP

  • $78,565 – Aligns with April 7th POC

  • $77,610 – Just above the April 7th Value Area Low

These targets represent tight technical clustering and should be seen as points for scaling out rather than attempting full extensions.

Bullish Trigger: Above $83,750

This level is situated above the current range and beyond both today’s and yesterday’s Value Area Highs, as well as above the April 4th VWAP. Once surpassed, bulls will have a breakout path with the following targets:

  • $85,155 – Near the April 4th high and 2nd Upper VWAP Deviation

  • $85,950 – Close to the April 2nd Value Area Low

  • $86,465 – Near the April 2nd VWAP

  • $87,375 – Corresponding with April 2nd POC

  • $87,865 – Aligns with April 2nd Value Area High

  • $89,050 – Near the Value Area High from March 23rd

Note: April 2nd was significant due to macro events related to tariff news from Trump, adding importance to these levels.

Expert Tips for Bitcoin Traders:

  • Use the TradeCompass as a tactical guide — not as a forecast.

  • Critical thresholds and junctions serve as liquidity hotspots where significant market players engage.

  • Avoid chasing; wait for your entry signal, then scale in and manage risk like an expert.

This is not financial advice. Trade at your own risk. Keep informed with crypto insights at ForexLive.com — and prepare for our upcoming transition to investingLive.com, which will offer more comprehensive coverage of futures, equities, and crypto.

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